February 10, 2026 — Leads & Copy — The Westaim Corporation (TSXV: WED) has announced a series of executive leadership appointments, effective April 1, 2026, aimed at advancing the company’s long-term strategy and strengthening its operating capabilities.
Matthew Skurbe will assume the role of President and Chief Operating Officer. Nikita Klassen will join Westaim as Chief Financial Officer.
According to J. Cameron MacDonald, Chief Executive Officer of Westaim, these appointments will deepen the company’s financial, strategic, and operating capabilities, positioning Westaim to fast-track growth across its integrated insurance and asset-management platform. He added that the company is building a leadership team equipped to expand the platform, manage risk effectively, and generate value for shareholders.
Skurbe, who joined Westaim in April 2025 as Chief Financial Officer and Chief Risk Officer, will now oversee strategic and operational initiatives across Westaim’s platform. His experience includes investment management, risk management, capital markets, operational, and financial responsibilities.
Klassen will be responsible for leading all financial and control processes for the company. She brings more than 15 years of financial leadership experience to Westaim. Previously, she served as Chief Financial Officer and Corporate Secretary at Mount Logan Capital Inc., where she played a key role in the firm’s transition from the Toronto Stock Exchange to the NASDAQ.
Chinh Chu, Executive Chairman of the Westaim Board of Directors, stated that the company is entering a new phase of acceleration following last year’s strategic combination of Westaim, Arena and Ceres Life. He added that the leadership team reflects the ambition and scale of Westaim’s unique platform.
Prior to joining Westaim, Skurbe was a Senior Managing Director, Chief Operating Officer, and Chief Financial Officer of CC Capital. He also held positions at Blackstone and Merrill Lynch Bank & Trust.
Before Mount Logan, Klassen served as Managing Director and Head of Accounting Policy at Silicon Valley Bank and also held senior accounting policy roles at Galaxy Digital and American Express.
Westaim is an integrated insurance and alternative asset management company with two primary operating businesses: Ceres Life and Arena. Ceres Life is a cloud-native annuity insurance company, while Arena is a global institutional asset manager.
Westaim’s common shares are listed on the TSX Venture Exchange under the trading symbol “WED.”
Source: Westaim
